The Advanced Coursework Equity Act establishes a federal grant program designed to increase access to advanced science, technology, engineering, and mathematics courses for students in under-resourced schools and historically underrepresented groups. To achieve this, the bill requires recipients to adopt either open enrollment, which allows any student to join without barriers, or universal screening, which uses objective assessments to identify qualified students rather than relying solely on subjective teacher recommendations. Funding is distributed to state and local education agencies to cover costs such as training educators on equity strategies, expanding course capacity, and providing tutoring, with a specific focus on closing achievement gaps in STEM fields. The program includes strict reporting requirements and offers bonus payments to districts that demonstrate the most significant progress in enrolling diverse students in advanced coursework over the three-year grant period.